AI and 5G each moved up one spot from last year’s list. The Internet of Things (IoT), which claimed the top spot in 2019, dropped to third on this year’s list. Augmented and virtual reality and biometrics also moved up, while blockchain and robotics slipped a bit.
AI claimed the top spot on the list. Artificial intelligence refers to programmed algorithms that automatically parse and apply knowledge. It’s the largest force in emerging technology, and includes security and sales applications for businesses.
5G offers improvements over 4G, such as low latency, intelligent power consumption and high device density. 5G will make augmented reality, smart cities and connected vehicles possible.
The Internet of Things combines information from connected devices and allows for analytics of systems. These platforms, devices and datasets provide additional insights and efficiencies for the enterprise.
4. Serverless Computing
Serverless computing, or Function as a Service (FaaS), allows companies to build applications that scale in real time so that they can respond to demand that can change instantly depending on orders of magnitude. FaaS offers a consumption-based platform so that developers can quickly and cost effectively deploy applications.
Security will be improved by biometics by allowing people and devices to authenticate and move seamlessly through the world.
6. Augmented Reality/Virtual Reality
AR and VR transform how people engage with machines, data and each other. The enterprise is using mixed reality, AI and sensor technologies to enhance execution flexibility, operational efficiency and individual productivity.
There’s an ever-increasing need to be able to secure and manage transactions across the internet, and blockchain is the answer. Blockchain manages data and supply chain challenges.
Robotics are shifting from industrial use to service delivery and are impacting home and businesses, both physically and virtually.
9. Natural Language Processing
NLP is a field of AI that enables computers to analyze and understand human language. Speech-to-text converts human language into a programming language. Text-to-speech converts a computer operation to an audible response.
10. Quantum Computing
Our ability to process and analyze big data will be impacted by quantum computing. It is the key to leveraging machine learning and the power of AI.